Despite the financial decline in other big cities, Miami’s economy is “on fire.”August 8, 2022
SUAREZ, Francis It’s ablaze. Our tax base increased by 12% from one year to the next. Almost the past two years, we have moved over $2 trillion in assets to poorly managed businesses. Our pipeline for venture funding increased 400 percent yearly. It’s surprising what a community can do by adhering to some fundamental principles, such as keeping taxes low, ensuring public safety, and reducing homelessness. Homelessness is at a 2013-year low, and both our tax rate and homicide rate are at historic lows.